Weekly credit volume of 199,892 was 147,504 credits below last week’s volume and 44 percent below the 2020 weekly average of 356,694. Volume fell 42 percent for the week and was 8.5 percent under last year’s volume for the same period. The average price paid per credit increased $2.20 to $194.79. There were 31 transactions, 58 percent were type 1 transfers of 114,972 credits and 14 were type 2 transfers of 84,920 credits. Type 1 transactions are executed within 10 days of a transfer agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. Type 1 transactions may give a better indication of current market conditions since Type 2 transactions do not provide a date the agreement was entered into. The weighted average price for type 1 trades was $195.25, which was $0.46 above the average for all trades. Third quarter volume is 20 percent below second quarter volume but 52 percent…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...